Report: 0.001% Owns Triple the Wealth of Poorest Half of Humanity
The World Inequality Report 2026 revealed that global inequality has reached extreme levels, with a tiny fraction of the world’s population controlling a disproportionate amount of wealth and income. The report found that the top 10% earn more than the other 90% combined and own 75% of the wealth. Inequalities of opportunity further fuel these disparities, as highlighted by educational spending discrepancies across regions. The report also emphasized how the financial system and capital ownership contribute to inequality and climate change, ultimately calling for urgent action through increased taxation, public investment, and addressing political fragmentation.
John Q. Hosedrinker